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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (99547)5/4/2001 8:45:26 PM
From: John Pitera  Read Replies (1) of 436258
 
what do you attribute the market recovery to today?

downbeat asian news:

Asian Headlines and Data:
Monetary Authority of Singapore (MAS, de-facto central bank) says it is not worried about inflation from a weak Singapore dollar.
Local press reports in Korea suggest that GM ready to finalize an takeover plan for Daewoo Motor. Still plenty of skepticism however.
Seoul Economic Daily reports that Korean government has decided on a list of 1200 companies it will review for possible liquidation.
Legislators from the opposition Nationalist Party in Taiwan blame the current economic slowdown on Premier Chang Chun-hsiung. Say he should resign if he cannot boost growth and unemployment.
Korea's foreign direct investment (FDI) totaled $371 mln in April, down 62.9% year on year.
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